Warning Signs Are Building in the Market

I’ve mentioned several times recently that the most important thing to watch for in the market is a shift from afternoon strength to weak closes. Since the all-time highs last Wednesday, we have had three weak finishes.

U.K.’s Osborne to Reap $790,000 From 48 Days’ Work for BlackRock

Former U.K. Chancellor of the Exchequer George Osborne expects to earn 650,000 pounds from 48 days of work for BlackRock Inc., according to parliamentary filings. The Conservative politician, still a backbench lawmaker, expects to earn 162,500 pounds each quarter for 12 days’ work as an economic adviser at the BlackRock Investment Institute in London, according to the Register of Members’ Financial Interests, which details the outside earnings of U.K. legislators.

Trump SEC Pick Made Millions Representing Banks and Hedge Funds

President Donald Trump’s pick to lead the Securities and Exchange Commission has earned $7.62 million since 2015 representing some of Wall Street’s biggest firms, including Goldman Sachs Group Inc. and Bill Ackman’s Pershing Square Capital Management, according to a federal disclosure form. Jay Clayton, the Sullivan & Cromwell partner tapped by Trump, outlined his clients — and his potential conflicts — in a filing to the U.S. Office of Government Ethics that he signed in January.

Ron Perelman’s Scientific Games Inks James Bond Licensing Deal

Terms of the multiyear agreement were not disclosed. The agreement with EON Productions; Danjaq; and MGM Interactive, a subsidiary of Metro-Goldwyn-Mayer, gives Scientific Games the rights to tap past and future James Bond films, as well as the film’s talent portraying James Bond, according to this morning’s announcement.

Senators push FCC to keep its net neutrality rules

The U.S. Federal Communications Commission should reverse course and keep the net neutrality rules it passed just two years ago, several Democratic senators said Wednesday. The FCC has not yet moved to repeal the regulations prohibiting broadband providers from selectively blocking or slowing web traffic, but the agency’s new chairman, Republican Ajit Pai, has called the rules a “mistake.”

Brazil Currency ETF Could See More Gains

The WisdomTree Brazilian Real Strategy ETF is one of this year’s best-performing currency exchange traded funds. BZF is higher by 7.3% year-to-date, a pleasant surprise when considering the Brazilian central bank’s new found penchant for lowering interest rates.

Modell’s Takes a Swing at Amazon With Online Presence

Modell's CEO Mitch Modell on the state of brick and mortar, the GOP's Obamacare replacement and the impact of a higher minimum wage. Are online retailers such as Amazon permanently changing the landscape of retail in America? Modell’s CEO Mitch Modell says for some consumers, the brick-and-mortar experience remains valuable.”

Mortgage Rates Wednesday, March 8: 14-Week High;…

Thirty-year and 15-year fixed rates, as well as 5/1 ARM rates, all moved higher today, according to a NerdWallet survey of current mortgage rates published by national lenders Wednesday morning. The Federal Reserve will announce its decision on raising short-term interest rates in one week.

Why Isn’t Uber Talking About The Women’s Strike?

To mark International Women’s Day, a number of women are striking today with the blessing of their employers-or at least with their tacit agreement. Those who can’t participate by taking the day off are instead showing their solidarity by donning the color red, attending rallies, or boycotting businesses that aren’t led by women.

Daily Dividend Report: PBA, PLCE, AMGN, SPLS, VGR

Pembina Pipeline announced today that its Board of Directors declared a common share cash dividend for March 2017 of $0.16 per share to be paid, subject to applicable law, on April 15, 2017 to shareholders of record on March 25, 2017. The Children’s Place, the largest pure-play children’s specialty apparel retailer in North America, today announced that its Board of Directors has approved a new $250 million share repurchase program and has increased the Company’s quarterly dividend to $0.40 per share from $0.20 per share.

Wednesday’s ETF with Unusual Volume: XT

The iShares Exponential Technologies ETF is seeing unusually high volume in afternoon trading Wednesday, with over 637,000 shares traded versus three month average volume of about 73,000. Shares of XT were trading flat on the day.

Wednesday’s ETF Movers: XBI, XOP

In trading on Wednesday, the SPDR S&P Biotech ETF is outperforming other ETFs, up about 2.3% on the day. Components of that ETF showing particular strength include shares of Puma Biotechnology, up about 10.4% and shares of Cytokinetics, up about 8.5% on the day.

Dow Analyst Moves: GE

The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, General Electric is the #10 analyst pick.

S&P 500 Analyst Moves: ORLY

The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, O’Reilly Automotive is now the #99 analyst pick, moving up by 1 spot.

Inmarsat Rises After Winning IAG In-Flight Web Access Deal

Inmarsat Plc, the U.K. satellite operator, rose the most in four months after finalizing a contract with British Airways owner IAG SA to provide in-flight internet access on over 300 planes. The order strengthens Inmarsat’s joint push with Deutsche Telekom AG to provide web access on aircraft using satellites and the German phone company’s towers.

Britain’s Budget Watchdog Lifts Growth Forecast For U.K. Economy

Britain’s Office for Budget Responsibility has lifted its 2017 economic growth estimate as the country continues to outperform most of its peers as it prepares to exit the European Union. Britain’s Office for Budget Responsibility has lifted its 2017 economic growth estimate and says real wages are likely to rise throughout its forecast period as the country continues to outperform most of its peers as it prepares to exit the European Union.

Express Stock Drops Premarket on Weak Guidance

Express shares were down 10% premarket after the men’s and women’s apparel retailer guided for a first quarter net loss of 4 cents per share vs. consensus estimates of a profit of 15 cents per share. For the fourth quarter, the company matched Wall Street’s bottom line expectations of 29 cents per share while revenue of $678.8 million topped analysts’ guidance.

6 Stocks Trending Up With Big Volume

Professional traders running mutual funds and hedge funds don’t just look at a stock’s price moves, they track big changes in volume activity . Often, when above-average volume moves into a stock, it precedes a large spike in volatility.

Cramer: You Have to Distinguish Worrisome From Catastrophic

“Five warning signs… Here are the canaries in the coal mines…Here’s what to watch for…These are the signals…” I don’t mean to be too cynical, but I have written or read these stories literally tens of thousands of times since I bought my first stock in 1979….674 more words left in this article. To read them, just click below and try Real Money.

U.S. Senate resolution aims to let ISPs share your private data without permission

A resolution introduced in the U.S. Senate on Tuesday aims to roll back privacy rules for broadband service providers that were approved by the Federal Communications Commission in October. The rules include the requirement that internet service providers like Comcast, AT&T, and Verizon should obtain “opt-in” consent from consumers to use and share sensitive personal information such as geolocation and web browsing history, and also give customers the option to opt out from the sharing of non-sensitive information such as email addresses or service tier information.

Bert Habets to Replace Anke Schaferkordt as Co-CEO of RTL Group

She will continue as CEO of the company’s largest business unit, Mediengruppe RTL Deutschland, and a member of the executive board of RTL’s majority shareholder Bertelsmann. Bertelsmann-controlled European TV giant RTL Group said Wednesday that co-CEO Anke Scheferkordt, will leave her current role at her own request, effective April 19. Schaferkordt will continue to be the CEO of the company’s largest business unit, Mediengruppe RTL Deutschland, which she has led since September 2005.